Iran's iron ore production growth will be positive in the coming years, despite a poor price outlook, due to vertically integrated state-owned companies that are looking to increase steel production in the coming years.

The recent lifting of sanctions against the Iranian economy will help to country to begin realising its potential to be a major global metals producer. Projected expansion in construction activity and infrastructure development will result in a significant need for iron ore and other industrial metals over the next few years. While Iran has the natural resources to cope with this demand, signif...

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